European-based bitcoin and cryptocurrency exchange company Bitpanda, announced today that SEPA Direct Debit is now available as a payment option for Bitpanda Savings.
The newly added automatic SEPA Direct Debit payment method allows users to buy more than 30 crypto-assets in euro directly via bank transfer.
Bitpanda Savings is a feature for building a portfolio over time; without the need to constantly check the price or wait for the right moment to buy. Users can create multiple savings plans starting from €25 and benefit from the cost average effect.
10% cashback in BEST for setting up a SEPA savings plan
To celebrate the launch of the new feature, users can get 10% cashback in Bitpanda’s native token (BEST) for setting up a SEPA savings plan. The max amount for cashback is tied users’ BEST level:
- 10 EUR max – Level 0 (below 5,000 BEST)
- 25 EUR max – Level 1 (minimum 5,000 BEST
- 50 EUR max – Level 2 (minimum 50,000 BEST
- 250 EUR max – Level 3 (minimum 500,000 BEST
This promotion starts today (March 11, 2020) and ends on April 11, 2020. The BEST cashback will be paid out on April 12, 2020, according to the user’s BEST level on this day.